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Top Team Investments completed the following investment transactions during 2024: (Click the icon to view the transactions.) Requirements 1. Joumalize the entries for 2024. Explanations

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Top Team Investments completed the following investment transactions during 2024: (Click the icon to view the transactions.) Requirements 1. Joumalize the entries for 2024. Explanations are not required 2. What account(s) and amount(s), if any, would be reported on Top Team's income statement for the year ended December 31, 2024? Requirement 1. Journalize the entries for 2024. Explanations are not required. (Record debits first, then credits. Exclude explanations from joumal entries. If no entry is required, select "No entry required" on the first line of the Accounts column and leave the remaining cells blank.) Jan. 14: Purchased 600 shares of Robotic stock, paying $53 per share. The investment represents 3% ownership in Robotic's voting stock. Top Team does not have significant influence over Robotic. Top Team intends to hold the investment for the indefinite future. Date Accounts Debit Credit Jan 14 i More Info Purchased 600 shares of Robotic stock, paying $53 per share. The investment represents 3% ownership in Robotic's voting stock. Top Team does not have significant influence over Robotic. Top Team intends to hold the investment for the Jan. 14 indefinite future. Aug. 22 Received a cash dividend of $0.77 per share on the Robotic stock. Dec. 31 Adjusted the Robotic investment to its current market value of $56

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